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14 November 2024 | 6 replies
I would rather let it sit empty with no wear and tear than take $1700 a month and pay probably $300/month for heat in the winter.
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13 November 2024 | 7 replies
I just closed on a duplex in Dayton for $189K $1100 a door and have an investor closing on a 4 unit for $325K in Indy with great rents that cash flow over $1000 a month.I have seen Indiana, & Ohio pick up some major heat over the last 3 years for investors while Boise falls somewhat short.
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17 November 2024 | 32 replies
You need to sit down with them and heat them out.then you wouldn't be so judgemental.
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14 November 2024 | 19 replies
I didn't know the difference between a heating system and water heater, I didnt know how to screen deals, I didnt know how to calculate cash on cash. we all start somewhere.
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12 November 2024 | 15 replies
But you still have to provide (and maintain) a kitchen, a bathroom, HVAC (well maybe just heat), a water heater.
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9 November 2024 | 10 replies
Then you can decide if you want to retain as a rental property (my plans) and/or sell it when the market heats up.
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11 November 2024 | 10 replies
Even a typical water heat replacement would set you back signficantly.There's plenty to the puzzle that i am unaware of but with what you've outlined here i would consider passing on the property.you know you need managementyou know you need to remove at least one tenantyou know cashflow is meager after considering management.i personally wouldn't recommend a client take on the risk for such a paltry pay out out of state.Even when considering long term appreciation the average amount of headache one assumes with a property will bog you down before the long term play pays off.
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19 November 2024 | 111 replies
Investors might not but landlords interacting with tenants and sometimes with the neiborhood of the tenants....it might get heated quickly.I'm glad I never had to point a gun to anyone but I do have it in my car and my house.
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7 November 2024 | 1 reply
Have a salon with a water heater that was installed around three months ago, and the tenant has complained that it's having issues heating the water; I suspect it may be an electrical issue with the system.
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6 November 2024 | 2 replies
In our property, the house was open to the air in the damp environment of coastal Florida, no heat or A/C at the house.